Mandatory Compliance Training Series: 
Fair Lending: 
Top Issues & Examiners’ Focus
WEBINAR OR ON-DEMAND WEB LINK
(LINK INCLUDES FREE CD ROM)


Wednesday, September 28, 2011

12:00 pm - 1:30 pm Pacific
1:00 pm - 2:30 pm Mountain
2:00 pm - 3:30 pm Central
3:00 pm - 4:30 pm Eastern

Meet the Presenter

Bill Elliott,
Young & Associates, Inc.

CLICK HERE TO LEARN MORE ABOUT YOUR REGISTRATION OPTIONS

The Interagency Fair Lending Examination Procedures were revised in late 2009.  Since then (perhaps in response to the foreclosure crunch) fair lending continues to appear in speeches and other pronouncements by various regulators.  Their comments, coupled with updated exam procedures, should be a warning for financial institutions regarding potentially difficult fair lending examinations in the future.  The exam procedures made clarifications, and give us a glimpse of the future.  Preparing now – before the examination – makes the best sense for every institution.

Credit unions should be asking themselves some key questions:

  • How does my credit union’s fair lending program stack up?
  • Does my credit union’s internal or external fair lending review function meet current expectations?
  • Will my credit union be prepared for its next fair lending examination?

This webinar will explore the regulation’s most dangerous areas, with significant references to the fair lending examination procedures to inform you of what to expect from examiners, as well as common sense reviews that every credit union can use to assure proper adherence to the regulations.  The participant materials will serve as a valuable resource to assist you in understanding the regulation, and include tools to assist in your internal review efforts.

HIGHLIGHTS092811cu.jpg

  • Refresher on select requirements and prohibitions within the Equal Credit Opportunity Act/Regulation B
  • How the examination procedures may impact your institution
  • Exploration of the fair lending steps your credit union can take to ensure proper preparation for examinations, including review checklists and tools

IMPORTANT TOOLS PROVIDED

This training will include the following items so that you are able to provide solid documentation for examiners:

  • Letter of attendance certification with webinar outline
  • Electronic training log
  • Quiz you can administer to measure staff learning and a password-protected answer key

All registrants will receive the attendance certification and training log, regardless of whether they attend the live or archived version.

WHO SHOULD ATTEND?

This informative session is directed to senior lenders, management, compliance officers, loan review staff, and fair lending auditors.